US spot Bitcoin ETFs recorded $206M in net inflows on July 21, per data tracked by CoinGlass, completing a six-consecutive-day run that totals more than $900M, the longest unbroken positive streak since May.
This inflow streak comes as the Bitcoin price reclaimed the $66,000 level (which it has since lost) and market sentiment entered neutral territory for the first time in nearly a month.
(SOURCE: CoinGlass)
This is not simply a rebound in ETF flows. It is a structural re-engagement by institutional capital following one of the more damaging periods of outflows the Bitcoin ETF complex has endured since its January 2024 launch.
The **** ytical question is no longer whether June's selling pressure has exhausted itself; it is whether the current inflow cadence is durable enough to shift the medium-term supply-demand balance.
#coinglass #whether #july
This inflow streak comes as the Bitcoin price reclaimed the $66,000 level (which it has since lost) and market sentiment entered neutral territory for the first time in nearly a month.
(SOURCE: CoinGlass)
This is not simply a rebound in ETF flows. It is a structural re-engagement by institutional capital following one of the more damaging periods of outflows the Bitcoin ETF complex has endured since its January 2024 launch.
The **** ytical question is no longer whether June's selling pressure has exhausted itself; it is whether the current inflow cadence is durable enough to shift the medium-term supply-demand balance.
#coinglass #whether #july
10 days ago
